Dangers will be lurking when the 10-year yield reaches 3% and the stock markets will react very negatively.
Thursday, October 26, 2017
US Treasury yields had been rising for the past 2 weeks.
Dangers will be lurking when the 10-year yield reaches 3% and the stock markets will react very negatively.
Wednesday, October 25, 2017
Apple has chosen TSMC as its sole manufacturer for the A12 chips.
http://www.idownloadblog.com/2017/09/29/tsmc-starts-development-apple-a12-chips-iphone-2018/
Apple has chosen TSMC as its sole manufacturer for the A12 chips leaving Samsung out of the game.
However, Samsung will compete with TSMC for the A13 chips.
https://www.fool.com/investing/2017/10/24/apple-could-split-a13-chip-orders-between-2-chip-g.aspx
Apple has chosen TSMC as its sole manufacturer for the A12 chips leaving Samsung out of the game.
However, Samsung will compete with TSMC for the A13 chips.
https://www.fool.com/investing/2017/10/24/apple-could-split-a13-chip-orders-between-2-chip-g.aspx
Great news! Singapore passport is the most powerful in the world now.
https://sg.news.yahoo.com/singapore-now-powerful-passport-world-index-013119189.html
What does this mean?
Basically, it just means that we can go to many countries without applying for VISAs.
That's about it. Don't expect other fringe benefits to be attached to SG passport. We still need to go through the same custom checks like other passports unless you are holding a diplomatic passport.
What does this mean?
Basically, it just means that we can go to many countries without applying for VISAs.
That's about it. Don't expect other fringe benefits to be attached to SG passport. We still need to go through the same custom checks like other passports unless you are holding a diplomatic passport.
China newest politburo standing committee names!
https://sg.finance.yahoo.com/news/meet-men-charge-china-apos-035300501.html
The 7 most powerful men in China are announced after the closure of the 19th party congress.
The 7 most powerful men in China are announced after the closure of the 19th party congress.
Saudi Arabia doesn't believe in bitcoin too.
http://www.marketwatch.com/story/bitcoin-is-enron-in-the-making-saudi-prince-alwaleed-2017-10-23?siteid=yhoof2&yptr=yahoo
Saudi Arabia prince also believes that bitcoin will implode one day. This means that Saudi Arabia won't adopt and legalize bitcoin trading because it doesn't want its citizens to be affected by bitcoin implosion. We can also infer that the Middle East won't legalize bitcoin too.
Saudi Arabia prince also believes that bitcoin will implode one day. This means that Saudi Arabia won't adopt and legalize bitcoin trading because it doesn't want its citizens to be affected by bitcoin implosion. We can also infer that the Middle East won't legalize bitcoin too.
Apple Iphone X shipments are only half as forecasted.
https://finance.yahoo.com/news/apple-iphone-x-shipments-half-111609139.html
Apple does have a problem selling its flagship Iphone X as it is beset with some technical problems and the high price.
Let's see how this will pan out later.
Apple does have a problem selling its flagship Iphone X as it is beset with some technical problems and the high price.
Let's see how this will pan out later.
The 8 immortals that control China, not the 8 deities in the folklore.
No, we are not talking about the famous folklore, "The 8 deities who crossed the sea". We are talking about the 8 powerful families that control China. They control and command all the resources in China such as finance and banking, public utility and transportation, military, etc.
http://www.telegraph.co.uk/news/worldnews/asia/china/9767514/Heirs-of-Communist-Chinas-Eight-Immortals-have-amassed-huge-wealth.html
http://www.zerohedge.com/news/2012-12-26/octagon-oligarchy-meet-chinas-eight-immortals-infographic
Xi Jinping managed to wrestle and gain control from the 8 powerful families with some going downhills while others pledging loyalties to him.
For example, Li Peng's daughter was booted out of the public utility industry in China.
http://www.telegraph.co.uk/news/worldnews/asia/china/9767514/Heirs-of-Communist-Chinas-Eight-Immortals-have-amassed-huge-wealth.html
http://www.zerohedge.com/news/2012-12-26/octagon-oligarchy-meet-chinas-eight-immortals-infographic
Xi Jinping managed to wrestle and gain control from the 8 powerful families with some going downhills while others pledging loyalties to him.
For example, Li Peng's daughter was booted out of the public utility industry in China.
Xi Jinping's leadership looks set to continue after the 19th Party Congress.
Xi Jinping didn't name his successor at the closure of the 19th Party Congress. This means that he will continue to be the leader for the next decade.
Look like the rumour was true after all about Jiang's support for Xi's leadership continuation. Please read our previous post below.
http://sg-stock.blogspot.sg/2017/10/jiang-zemin-lost-political-battle-to-xi.html
Look like the rumour was true after all about Jiang's support for Xi's leadership continuation. Please read our previous post below.
http://sg-stock.blogspot.sg/2017/10/jiang-zemin-lost-political-battle-to-xi.html
Tuesday, October 24, 2017
Russia to issue its own cryptocurrency and this may destroy bitcoins in the future.
https://techcrunch.com/2017/10/15/russia-may-soon-issue-its-own-official-blockchain-based-currency-the-cryptoruble/
Russia will issue its own cryptocurrency which cannot be mined by others and can only be issued by the Russian government.
We did say before in our previous posting that blockchain technology was more useful than the cryptocurrency per se because cryptocurrency was a derivative of blockchain technology.
If more and more countries start to issue their own cryptocurrencies that cannot be mined, bitcoin's value will crash as ordinary people can use the official cryptocurrencies to transfer money. In the end, only criminals will use bitcoins to stay anonymous.
http://sg-stock.blogspot.sg/2017/10/bitcoin-fanatics-dumbest-thing-on-wall.html
Russia will issue its own cryptocurrency which cannot be mined by others and can only be issued by the Russian government.
We did say before in our previous posting that blockchain technology was more useful than the cryptocurrency per se because cryptocurrency was a derivative of blockchain technology.
If more and more countries start to issue their own cryptocurrencies that cannot be mined, bitcoin's value will crash as ordinary people can use the official cryptocurrencies to transfer money. In the end, only criminals will use bitcoins to stay anonymous.
http://sg-stock.blogspot.sg/2017/10/bitcoin-fanatics-dumbest-thing-on-wall.html
Here we go again! Indian man raped woman in broad daylight with onlookers.
https://www.thesun.co.uk/news/4748399/woman-is-raped-in-broad-daylight-on-pavement-as-onlookers-do-nothing-to-stop-sex-beast/
India is a country that doesn't respect women. Any woman in India is just a whore to any Indian man.
Be very careful if you want to visit India or in India!
http://sg-stock.blogspot.sg/2017/10/indian-women-was-gang-raped-at-gun.html
India is a country that doesn't respect women. Any woman in India is just a whore to any Indian man.
Be very careful if you want to visit India or in India!
http://sg-stock.blogspot.sg/2017/10/indian-women-was-gang-raped-at-gun.html
China has started its autonomous electric bus road test recently.
Sigh! What is SG doing? Our government is focusing on diabetics, preschooling and technology embracement.
No wonder our MRT is breaking down so frequently and we've "ponding" at Bishan MRT.
China is really a high technology country.
No wonder the China people are laughing at SG for being so outdated and low-tech.
Monday, October 23, 2017
Italy is on the verge of breaking up after Spain.
https://www.reuters.com/article/us-italy-politics-referendum/italian-regions-vote-in-favor-of-autonomy-in-shadow-of-catalonia-crisis-idUSKBN1CR0EY
The domino effect is happening. Some parts of Italy also want to gain independence after Catalan's independence vote.
If Europe allows Catalan's independence, there won't be any reason to stop others from following suit. Catalan will be kicked out of Europe after independence and has to pay high taxes for its goods and services. No FTA for Catalan!
The domino effect is happening. Some parts of Italy also want to gain independence after Catalan's independence vote.
If Europe allows Catalan's independence, there won't be any reason to stop others from following suit. Catalan will be kicked out of Europe after independence and has to pay high taxes for its goods and services. No FTA for Catalan!
Abe won the Japan election on Sunday.
https://sg.finance.yahoo.com/news/japan-apos-leader-just-won-042200543.html
He won because his opposition was too weak but Abe's support was just as weak as before. Nothing much changes because abenomics policies don't work anymore. Abe prefers to focus on the pacifist constitution reforms instead of the economic reforms.
https://www.reuters.com/article/us-japan-election/japans-abe-to-push-pacifist-constitution-reform-after-strong-election-win-idUSKBN1CS0C3
Abe wants to have the prerogative to start a war!
He won because his opposition was too weak but Abe's support was just as weak as before. Nothing much changes because abenomics policies don't work anymore. Abe prefers to focus on the pacifist constitution reforms instead of the economic reforms.
https://www.reuters.com/article/us-japan-election/japans-abe-to-push-pacifist-constitution-reform-after-strong-election-win-idUSKBN1CS0C3
Abe wants to have the prerogative to start a war!
Noble will report a loss of $1.2B in Q3.
https://sg.finance.yahoo.com/news/noble-group-sell-oil-liquids-business-vitol-580-001536214--finance.html
Q2 2017 = $1.75B loss
Q3 2017 = $1.2B loss
How long do you think Noble can last after losing close to $3B in just 2 quarters?
The cash proceeds from this sale will be $580M which are still much lesser than its debt of more than $3B.
Noble is burning cash pretty fast!
Q2 2017 = $1.75B loss
Q3 2017 = $1.2B loss
How long do you think Noble can last after losing close to $3B in just 2 quarters?
The cash proceeds from this sale will be $580M which are still much lesser than its debt of more than $3B.
Noble is burning cash pretty fast!
Sunday, October 22, 2017
The truth behind Li Ka Shing's divestment in China.
Why did Li Ka Shing cash out of China?
Li Ka Shing was trying to avoid being persecuted by Xi Jinping for bribery in China and had no choice but to cash out of China. Li Ka Shing's divestment was not due to any loss of confidence in China economic growth as China was still growing pretty well and the property market was still on an upward trend after his divestment.
Li Ka Shing started to do very well in the property developments in China after getting to know Jiang Zemin whilst Jiang was still in power. Li Ka Shing transferred one of his subsidiaries' shares to Jiang's son in exchange for a property development in China and that exchange was the first major pot of gold for Jiang. Thereafter, there were many exchanges of favours and monetary rewards between them including the expeditious capture of the Li son's kidnapper in China.
However, things began to change after Xi's ascension to power. Xi embarked on his corruption-fighting campaign after becoming the leader and also wrestled with Jiang because Xi discovered Jiang's intention to get rid of Xi. Jiang regretted his decision to support Xi because Xi was more upright than he thought.
Therefore, Li Ka Shing quickly cashed out of China and moved his HQ to London from HK. As we all know, HK is part of China and Li Ka Shing doesn't want to take the risk.
Li Ka Shing was trying to avoid being persecuted by Xi Jinping for bribery in China and had no choice but to cash out of China. Li Ka Shing's divestment was not due to any loss of confidence in China economic growth as China was still growing pretty well and the property market was still on an upward trend after his divestment.
Li Ka Shing started to do very well in the property developments in China after getting to know Jiang Zemin whilst Jiang was still in power. Li Ka Shing transferred one of his subsidiaries' shares to Jiang's son in exchange for a property development in China and that exchange was the first major pot of gold for Jiang. Thereafter, there were many exchanges of favours and monetary rewards between them including the expeditious capture of the Li son's kidnapper in China.
However, things began to change after Xi's ascension to power. Xi embarked on his corruption-fighting campaign after becoming the leader and also wrestled with Jiang because Xi discovered Jiang's intention to get rid of Xi. Jiang regretted his decision to support Xi because Xi was more upright than he thought.
Therefore, Li Ka Shing quickly cashed out of China and moved his HQ to London from HK. As we all know, HK is part of China and Li Ka Shing doesn't want to take the risk.
Jiang Zemin lost the political battle to Xi Jinping.
Despite Jiang's flailing condition, he had to attend Xi's presentation in the 19th Communist Party Congress to give the face to Xi. In fact, Jiang could have excused himself from the Party Congress based on his poor health.
We still could tell that Jiang and Xi had an acrimonious relationship because Xi didn't bother to help Jiang to be seated. Xi just stood there like a statue without displaying any kind gesture.
It's pretty obvious who won the political battle in China.
There is a rumour circulating that Jiang and Xi have reached a settlement in secrecy. Xi will not persecute Jiang for corruption and also spare his 2 sons in exchange for the support in Xi's leadership continuation.
http://sg-stock.blogspot.sg/2017/07/political-battles-are-playing-out-in.html
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